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Re: Rmg110 post# 275

Tuesday, 10/17/2000 9:03:28 PM

Tuesday, October 17, 2000 9:03:28 PM

Post# of 582
Rmg110 - Robert, a thought just ocurred to me.
First, let me say, I believe WE ALL are confused by the actions of the MMs. With the buying
out numbering the sells by 40percent or more, do not understand why the price is going down. Does not make sense.

Oh my gosh, another thought just ocurred to me, now I have two. LOL

First thought - Isn't Knight being bought-out by someone? I believe I read this somewhere. Maybe they are unloading their excess inventory so they can look better on paper.

Second thought - MAYBE, JUST MAYBE, they are SHORT up the whazoo. You know Knights moto - 'We will not refuse a trade'. And being SO short up the whazoo, they have no choice but to take it down hoping to cause a sell off.
Remember one of my previous posts where I estimated that just about 280mil shares of the m299mil float are being HELD by the shareholders. My estimate might be on the light side and the MMs DO NOT have any inventory.
If this is in-fact true my friend, when STRU's price pops - it will POP HARD AND I MEAN REALLY
R-E-A-L-L-Y H-A-R-D!!!! It will be like an oil gusher, no telling how high, but the MMs objective will be to get it high enough so people will start selling so they can bring it down just AS HARD to COVER their BIG ASS-SHORTS.

All of this is just a thought........Have no info suggesting that this might be the case.
Although, for the past several days we have had a volume over 1mill and up to 2mill and everytime the buys outnumber the sells and the price has dropped.


Well, does anyone else have a better idea of whats going on.

I think I'll fasten my seatbelt.


Cheers

Voluntary Disclosure: Strong Buy : Long and Short Term

Cheers

Voluntary Disclosure: Strong Buy : Long and Short Term

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